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evening, everyone, i'm larry kudlow. is the boeing 787 fit to fly or is it a firiing nightmare. and the stock has been crushed. meanwhile after filling out his national security bcabinet. we have government shut downs and debt ceilings. vice president sebiden is meeti with the nra and senator feinstein wants to ban handguns the kudlow report begins right now. >> cnbc contributor jared bernstein. i can't think of a single reason why they have to put in such an unstring wi undistinguished person in such an important spot. >> i take issue with that. you have to take into consideration issues, but i will say when it comes to one of the most important jobs of the treasury secretary, which is managing the budget, you can't have a better guy than jack lu. you can talk a lot about it. >> that is where i disagree. this is not, hang on a second. i'm going to give jimmy a whack at this. this is not the director of the office of managing the budget. that is where i used to work. this is about financial matters. this is about guys who know what goes on at the world's financial capitol. this
a few minutes. lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at wells fargo. profits hit a record high. that is good. they are not doing as many mortgages. they are the nation's biggest lender. you can see it is down by one and a quarter percent. cheryl: how did last year's drought play out? jeff: it was pretty wild in here today. five of the past six years, this has been a limit move. take a look at what it was. we had, i think, scott shall indeed, a 26-point move. >> we had a pretty big range. jeff: this crop report is definitely a mover. take a look at this. this is the usda world agriculture supply and demand. it is down 13% on the year. acres harve
: still to come on the newshour: the faa's decision to examine the boeing 787 dreamliner; the buzz on cutting edge technology; and shields and brooks. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: the death toll in a double bombing on a billiards hall in pakistan rose to 86 today. shiites were the target, and today some people refused to bury their dead in protest, demanding the government protect them better. the twin bombings were the worst in a series of attacks yesterday that killed a total of 120 people. in syria, rebel fighters captured control of a major air base in the northwestern part of the country. they seized helicopters and other weapons at the taftanaz base in idlib province. it's the largest military site they've taken so far. meanwhile, in geneva, u.n. envoy lakhdar brahimi met with u.s. and russian diplomats in a search for a political solution in syria. he said later that prospects appear grim. france intervened in mali today to stem an offensive by islamic rebels linked to al qaeda. within hours of arriving, the french launched a
or a possible motive. >>> in just a couple of how weres from right now the new boeing dream liner jet will be taking off from san jose airport for the very first time. in 30 minutes from now the federal aviation administration will hold a news conference tied to the safety concerns about that jet. ktvu janine de la vega joining us live. she is at ma theta san jose airport right now. what can you tell us? >> reporter: well all over san jose you can see signs touting the inaugural flight to tokyo. it takes off here from at 11:45. it's being operated by ana. what is being used is the 787 boeing dream liner. the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great.
exchange. nicole: i could always use a good start. let's take a look at boeing in particular. still down for the week. you may remember over the last two days we have covered boeing and the 787. liner. not good news. we have seen the stock selling off. today making a little bit of a comeback. up about 3%. they had a fuel leak and an electrical fire. you do have one analyst touting the stock while others are saying get on the sidelines and take a breather on this one. back to you. melissa: thank you so much. fox business stock alert. shares of gm hitting a 52 week high. the automaker is doing "internal plumbing" to become more profitable. lori: toyota is the world's largest automaker in the last year. it is tough. melissa: morgan stanley said to weigh out more than 3000 workers. charlie gasparino all over this. we will talk to him about this coming up next. lori: take a look at the dollar. stronger across the board today. we are back after this. ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn
now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i spoke with paul, who is an expert in aviation. thank you very much for coming in. there is a mixed message from the u.s. regulators. they say the airplane is safe, but they are reviewing its safety. what do you make of that? >> i think the faa wants to assure the public this airplane has met the standards. they're putting together a team to look at it. none of these events look connected. any new aircraft faces these kinds of problems often. when the 777 was introduced, it had problems. it has flown 17 years without a fatality. the 1-380 had cracks in its wings, a very serious on contained engine f
to where the growth is, and a sign that margins may face more pressure? >> yet another setback for boeing and the 787. canceling a domestic flight after a computer erroneously signaled a brake problem. >> clearwire gets a bid. dish network offers 3.30 a share above sprint's offers. david faber has the details on this story. sending sprint lower in pre-market trade. >>> results from alcoa last night, rising in the pre-market after reporting fourth-quarter profits in line with estimates. revenues above forecasts. alcoa says it sees aluminum demand growth ul 7% this year. the previous forecast, jim, 6 to 6.50. not bad if you're looking for something global out of 2013. >> what europe taketh away china giveth. the ceo has really spent a huge amount in china. whether it be for autos, aerospace, whether it be for trucks, are so bullish, that they can offset whatever's happening around the world globally. remember, there's two components to alcoa. there's also the raw stuff which he said inventory is getting in balance. that's very important. and you've got the packaging, industrial, constructio
an awful week for boeing 787 dreamliner aircraft. one of the most advanced planes ever. two more mishaps on separate flights in japan today. a cracked cockpit window and an oil leak. this fires a fire, fuel spill and brake problems. the faa is set to announce a comprehensive review of the dream leaner. >>> and this year mlb will conduct tests on players for hgh. >> the in-season hgh drug test is a huge concession from the players a serious advance in drug testing in baseball. it's interesting to see if the other sports follow suit. >> i think it's great. >> agree. eight minutes after the hour. and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and wh
process of the boeing dreamliner, plus, its battery, its electronics. and we have news for you, two more incidents overnight, but the plane, the 787, the dreamliner, they will stay in service. where did of boeing stock open, bearing in mind, a pr problem more than anything else. >> down to 75 and change. right now 75.75. and the question for boeing, are these growing pains with a new plane or structurally manufacturing defects and are people going to be scared to take a 787 dreamliner because it's more than a nightmare. stuart: well said, lauren. that's the pr side. if you look at physical side, if f.a.a. thought there was a threat to safety and health of passengers they would have have taken them out of the air, but i agree with you, pr, and boeing was buck and a half. >> 1.7% lower. stuart: we'll check back later. thanks very much. call it the smartphone effect perhaps. according to tech industry, tracker idc, pc sales dropped during the holiday season, first time in five years, the drop was 6% as compared to the same period previously last year. a look at the shares of dell, down 30%
about recent events involving boeing 787. >> a boeing 787 taxiing toward the gate this morning. the flight unaffected by the rash of mechanical failures it's endured. hours earlier in washington, d.c., major announcement. >> we are conducting a comprehensive review of the design and production of the boeing 787. this review will cover the critical systems of the aircraft including design, manufacturerring and assembly. >> the review triggered by series of recent electrical problems. the most serious in boston monday when a battery overheated and caught fire. after a flight from japan. >> the fuel efficient dreamliner generates much more power on board than any other passenger jet. and is the first to rely on rechargeable lithium batteries for auxiliary power. they will examine the entire electrical system. and the jets will continue to fly in the review. >> nothing in data we have seen to suggest that the airplane is not safe. what we want to ensure is what we have is a comprehensive look at the in-service issue we have seen. >> stakes are high for the seattle based boeing. lar
. now a fuel leak on another. the aircraft maker boeing dealing with a pair of problems on newest passenger jet the dream liner. what's up here? we will get a report next. plus a guy wins a million bucks in the lottery. the next day he is dead. investigators at the time said natural causes. they are digging up the body now to try to figure out who poisoned him. that and the rest of the night's journalists on this fox news tuesday fox report. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. aww man. [ male announcer ] returns are easy with free pickup from
compromising. >>> and boeing's newest and most technologically advanced plane is getting a >>> yesterday, the nachlt ra joined the dpis cushion and said the task force has a agenda to attack the second amendment. this morning on the "today" show, matt lauer asked the vice president why they aren't closer to a compromise where the white house. >> we have a profound disagreement with this administration, first of all, on what would make a difference. we don't think that a bannen so-called assault weapons which hadn't worked in the past will work this time. we think many of those proposals are basically, feel-good proposals and what we really need to do is get to the question of why this is happening and what can be done about it. so, i don't think there's any lack of concern about dealing with the problem. i think there's a very different view as to what the problem is and how to solve it. >> vice president biden says he will present hid recommendations to president obama on tuesday. >>> today, speak of of the house, john boehner, invited president obama to deliver the state of the union o
to enter a plea. >>> the faa is ordering a full safety review of boeing's troubled 787 dreamliner. transportation secretary ray lahood confirmed it in the past hour. >> we are concerned about recent events involving boeing 787, that's why today we are announcing that we are conducting a comprehensive review of the design and production of the boeing 787. >> now the review was announced a few hours after two new incidents involving the high-tech jet, a crack was found in the cockpit windshield of an all nippon airways 787 in japan and oil found in the engine of an all nion air. also a fuel spill and cabin fire. the head of the faa still believes the 787 is safe and boeing says it is confident in the jet's design and performance. >>> president obama sbre deuced white house chief of staff jack lew as his choice as treasury secretary. the president has been criticized for nominating another white man. we heard comments from new york congressman charlie rangel and new hampshire senator jeanne shaheen. >> it's embarrassing as hell and i kind of think there's no
over 100 points the last couple of trading days. today up about 73 points. you are seeing boeing bouncing back. in technologies, healthcare, hewlett-packard some names are helping the dow along. dagen: thank you very much nicole. connell: then there's samsung which has the popular galaxy phone. it's been a headache of sorts for apple and iphone sales. we're going to talk to samsung's product manager about that. that's coming up next. dagen: how about apple coming out with a lower end cheaper iphone maybe. big story in "wall street journal." the judge is here on tracking your kids at school, a new court ruling on rfid tags and why kids might have to wear them. take a look at completely unrelated, but hey, if you're going to europe, what's the exchange rate on the euro. >> 21 minutes past the hour i'm gregg jarrett with your fox news minute. more than 50 people injured after a high speed passenger ferry hit a dock in lower manhattan this morning. the ferry reportedly struck the dock pulling into the pier opening a large gash on the side of the ship's bow. vice president joe biden c
points now. boeing down 3%, caterpillar, verizon weighing on the dow jones industrials. awaiting on alcoa to be the first to report the earning season, and, affect, so many names we are watching closely, however, right now, we are certainly right near the lows of the day, and the nasdaq down after a percent like the s&p 500. i want to take a look at the retailer, sears, in particular, which we tack about the sales over the season. holiday season, which was not as bad as some of the analysts expected, and now there's a change at top, the ceo stepping down because the family medical issues, and now the chairman's going to be stepping into that ceo role. analysts, of course, follow the company closely with the stock down 5% right now. back to you. melissa: any cole, thank you. eia cutting oil demand growth forecast today raising the u.s. crude price estimates about a dollar a barrel for this year for the impact on the price of crude today, going to the pits of the cme, phil flynn, there in the pits, what do you think of the estimates? >> you know, i think it's great news. you know, not only
with problems. boeing's president responds to critics about the 787 dreamliner. richard quest has thoughts. he's next. ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> recent troubles pushing the faa to investigate the dreamliner. >> i believe the aircraft is safe and what we're seeing are issues associated with bringing any new technologically advanced product into service. and we want to address all of those issues to ensure that people can feel confident flying this airplane. >> no wonder confidence was shake
questions about benghazi as well. thanks very much. >>> the boeing 787 is called the boeing dreamliner but why it's not so dreamy. why one flight was canceled today just as it was about to take off. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> napalm, trip wires and more frightening details about the alleged gunman in the colorado movie theater shooting. lisa sylvester is monitoring that and other stories. >> wolf, prosecutors today detailed the way the alleged shooter, james holmes, booby-trapped his apartment with napalm. there was a trip wire attached to glis rin ready to cse a fire from carpets soaked in gas. in one call you can hear at least 30 gunshots in just 27 seconds. in other news, bow's new 787 dream liner is dealing with another incident at boston logan's airport a day after a fire broke out, today another flight was canceled a
week" is provided by boeing. additional funding is provided by the annenberg foundation, the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. nothing says bipartisan cooperation like ringing in the new year by counting down to a midnight vote to raise taxes. by the time the fiscal cliff drama drew its only temporary conclusion this week, speaker boehner was pledging not to negotiate with president obama, president obama was promising not to negotiate over the debt limit, and vice president biden seemed like the only one left in a good mood. >> public service was never meant to be an easy living. extraordinary challenges demand extraordinary leadership. so if you've come here to see your name in the lights or to pass off a political victory as some accomplishment, you've come to the wrong place. the door is right behind you. >> i think most of our members, and we are never unanimous, but we do have consensus, most of our members know t
. >>> and after a series of technical failures, the faa announced it is investigating boeing's biggest bet. its dream liner 787. >>> and the shooter responsible for the aurora movie theater massacre might plead insanity. how that could put him free. back on the street. >>> our third story out front, the dream liner nightmare. today the federal aviation administration announced an investigation into boeing's 787 dream liner. this is after a week of some really high-profile problems including a fire and fuel leak and electrical failure. the dream liner is boeing's latest jet. news of the probes sent the stock price down sharply 2.5%. outfront tonight, sandra endo with a look at what has gone so wrong. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was del
answers that you need to know. >>> problems are starting to end up for boeing 787 dreamliner and now federal authorities are launching a thorough investigation. >>> and i'll speak with diplomatic trouble shooter bill richardson. he's just back from north korea. he's fighting back criticism of his trip. >> we weren't used for propaganda. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> boeing dreamliner 787 is safe to fly. that's the word from the faa and transportation department despite a week of glitches, including two more today. cnn's renee marsh is joining us with more on what passengers need to know about this jumbo jet. what do
and it is here but the federal government stepping up after props reported in some of boeing's new dreamliner jets. we'll tell you about what those problems are all about. martha: a teacher shocking students in the classroom. and outraging a community by desecrating the american flag as part of his class. we'll tell but the controversial lesson that has a south carolina teacher perhaps about to lose his job. >> he took the flag and he said that it was just a symbol of america and it was just a piece of cloth with colors on it. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant ho ho ho we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. martha: this has been an interesting one to watch. some new developments in hobby lobby's fight over providing
is being held captive. >>> and two boeing 787s run into trouble on consecutive days. so what's going on now the dreamliner? >> every new airplane has growing pains especially those that kind of push the edge of the envelope in technology. >> we'll hear from captain sully sullenberger and ask peter greenberg why bad things keep happening to the 787 on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by h&r block, come see what our expertise can make. i will give you a tax and health care review. is ♪ ♪ chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. ♪ ♪ [ male announcer ] every time you say no to a cigarette you celebrate a little win. nicorette gum helps calm your cravings and makes you less irritable. quit one cigarette at a time. [ male announcer ] this is bob a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibril
turning to japan. dagen: is your next slide on a dream liner? michael boyd is here to talk about boeing's big moneymaker. connell: the president on the hunt, maybe, for a few good women for his cabinet. we will be talking to charlie rangel about that. 1.9% on the ten year. the logo this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> here is your fox business brief. jobless claims unexpectedly rose last week. claims tend to be vulnerable around this time of year because of holidays and seasonal layoffs. joining forces on developing a next generation pickup truck. they have signed a memorandum of understanding to start negotiations. at one point, general motors held a 49% stake in the zoo zoo. the same survey also shows potential employees are making outrageous mistakes. 62% of employers are appearing interested. that is the number on
of a patient. >>> it is the second incident with a boeing 747 in two days. that is after it leaked fuel and they will not look into the leak calling a maintenance issue not an accident but they are looking into a fire that happened the day before. >>> let's they can in with sal, are you keeping an eye out, and of the lanes you can see golden gate is helping out with that and if you are driving on the bridge any time soon you should slow down because a lot of chp officers are helping out here. coming into san francisco. if you are driving on the peninsular, it looks good. dumbarton looks good and still some eastbound lanes are closed for road work. >>> not a lot ever cloud cover, and it is a big change in the way had cold air. i think mainly just turning cloudy and also cooler on the afternoon highs. but they are much colder than system slides in and it will be much colder if there is any available moisture. the snow level will be 1,500 feet and also windy, i think all the way to the weekend. 30s and 40s and there is some patchy fog and we will not see as much as we did yesterday. the sy
doctors to consider a lower dosage for men. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>> planned parenthood in texas heads to court today, the group wants a federal judge to allow it to be part of the state's revamped women's health program under a new state law texas noening loer funds women's health clinics affiliated with abortion. that state law disqualifies texas from getting federal money for women's health and since federal money makes up a huge chunk of planned parenthood's budget the law effectively shuts down all the group's work in the state. >>> ford says it's adding 2,200 white collar jobs in the united states this year, that's the automaker's biggest hir
. it is 10 minutes after the top of the hour. coming up the dreamliner more like a nightmare for boeing grounding one of the multi million dollar planes. should kids be allowed to get food at the bar before they can legally drink? a look at the gasoline prices a new national average 3.30 is the same as it was yesterday. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> good morning to you. it is 14 minutes after the hour. quick look at the headlines. all u.s. troops may be out of gaven stan by the year 2014. they are not ruling out that option. pentagon officials say the troops are still needed to keep strengthening the afghan army and help keep al qaeda away. this comes days after osama bin laden is meeting with hamid karzai. no decision has been made for anthony's appeal to get the lying conviction thrown out. she is convicted of lying to police. the statements she used to police can't be used against her because she was not read her amanda rights. >>> across the
back this morning, dream on. a fire sparks new safety questions about boeing's 787 dreamliner. >>> then, turning the tables. after getting a huge taxpayer bailout, why aig might try to sue the government. >>> and then, wrong way ride. what happened when a crowded escalator suddenly changed direction and went out of control? >>> welcome back. the banking industry is clearing up more of the housing meltdown mess. ten, major u.s. banks are agreeing to pay $8.5 billion to settle charges they unfairly foreclosed on millions of homeowners. some of those homeowners may get some of that money. bank of america on its own is paying $11.6 million to fannie mae to settle other claims. >>> and the huge insurance company bailed out by the government may now sue the government. "the new york times" reports american international group is thinking about joining a lawsuit that says the bailout deal cheated shareholders out of tens of billions of dollars. aig's board will decide tomorrow. >>> the new boeing dreamliner may be turning into something of a nightmare. an empty japan airlines 787 caught fire s
think that boeing should be worried. the airlines are building their system around this airplane. this is become more of a bad dream than anything else. the worry is will your airplane be at the date getting fixed. neil: i'm not worried about getting fixed as much as a dime. [laughter] >> when we add them up, we see a lot of them. all the airlines have ordered record numbers. they will eventually be put online. should i be worried? >> i think there should be something. the fuel leak in boston, as an example -- [talking over each other] >> they would be losing fuel. it could be very serious if you are overblown or somewhere and you have nowhere to land. boeing does have issues than just these problems here. will those airplanes be there for the customer on time? they have some problems to deal it. neil: you know, i always wonder. we had a guest talking about the 737. they were largely minor in the beginning. most incidents were relatively minor, as you say. but what is going on -- this type of series of problems compared to other airlines. >> the 747 had major problems a long time
and keep spending. the right says we've taxed enough, cut spending. division. a crisis at boeing, more incidents hurt the dreamliner and that stock is down big. can it be? french socialists rethink that 75% tax rate? "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> good morning, "varney & company" viewers, wednesday, january the 9th. america divided in many ways. today the issue is guns. three headlines for you, first, after a newspaper published the names and addresses of gun owners in two new york counties. gossip website followed suit. it posted them, 446 pages long. the headline of the article, quote, here is a list of the bleep-holes who own guns in new york city. second amendment advocates clearly outraged. next, joe biden meets with the n.r.a. at the wh
in the state legislature. jenna: rick, thank you. jon: just in, new problems for boeing as a pair of its brand-new dreamliner jets run into problems at boston's logan airport this week. we showed you on monday a battery fire that caused severe damage to a japan airlines plane. you can see the smoke pouring out of the hatch in the here. another japan airlines dreamliner dumped 40 gallons of rule on the runway. and there was a problem with the brakes system. boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines has taken a couple of them here. united continental has taken delivery of these planes. they've delivered 49 of these planes. it's important to note here why
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and diabetes. >>> first it was fire, the next day it was leaking fuel. what is going on with boeing's dream liner? >>> our second story "outfront" iran in chuck hagel's corner. the defense minister applauding president obama's pick for the defense chief, saying we hope there will be practical changes in america's foreign policy and washington becomes respectful of the rights of nations. hagel's comments about iran have become lightning rods. critics point back to his push in 2005 for direct negotiations with iran and to his past statements like in 2006, when he said i would say that a military strike against iran, a military option, is not a viable feasible responsible option. i believe a political settlement will be the answer. 2005 and 2006 was a long time ago. his views have tempered perhaps, who knows. "outfront" tonight, peter brooks, former assistant secretary of defense and john avlon. let me start with you, peter. obviously the iranian government loves to get involved in these things at times and stir the pot. they seem to love to do that. but how much does this seeming endorsement
la hood, holding a news conference about boeing 787, the dreamliner. the faa is announcing a thorough review of the plane's operating system. the examination comes after several recent incidents on boeing's newest and most technologically advanced planes, including a fire and a fuel leak earlier this week. something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this governmen
. >> and this boeing travesty is probably unfair to call is a travesty. but every day you get some bad thing happening to the boeing 787 dream liner. do you buy that stock on the dip because it's a great long term company? or do you just stay the heck out of it? >> i think that's exactly right. this is a technology that's going to work longer term for the travel industry. and i think that boeing is on the cutting edge with a very good product. now there are some bugs they've got to work out. there's no question about that. they're going through those growing pains. but i mean if you get a significant pull back based upon some hiccups, i think longer term that's probably a very attractive buying opportunity. >> now how about this headline? u.s. stocks enjoy their biggest weekly inflow since 2008? $18 billion according to the people at lipper. is this reflecting a change? is retail coming back into the stock market? because if they are, that could drive this baby up several thousand points on the dow. >> you're right. there's a couple of things at play. one is that we finally got at least a positive, a
will review the boeing 787 dreamliner after two incidents overnight in japan, coming on the heels of three other mechanical failures this week. good morning, rene marsh. >> the faa will announce in two hours from now, the plans to scrutinize how this jumbo jet was assembled, how parts were manufactured, and looking into its overall design. this would, of course, come days after an electrical fire in the belly of an empty japanese plane on the tarmac at logan airport on monday. one of the lithium batteries exploded. this is what a spokesperson from boeing. we actively work with the faa daily across our product lines. we are absolutely confident in the reliability and performance of the 787. so we're expecting that announcement in just about two hours from now, john. >> thank you very much, rene marsh in washington. >>> ohio's attorney general says the investigation into the steubenville rape case is almost over. and the superintendent of schools is speaking out about the case and social media's role in the whole thing. >> horrendous act. a horrible act of what went on with the internet and
22nd. >>> now to aviation for the second night in a row there's trouble to report with one of boeing's new 787 dreamliners. the aircraft a whole lot of people had hailed as the future of american aviation, yesterday it was a fire, today a mishap moments before takeoff, for a planeload of passengers. tom costello covers aviation for us, he's with us from san diego tonight. tom, good evening. >> reporter: hi, brian. this actually occurred in boston today, japan airlines 787, japan airlines yesterday as well, but today they were just about to depart fully loaded with passengers when they developed some sort of a fuel leak and they lost 40 gallons right there on the ramp. they went back to the gate, fixed the problem, the plane did, in fact, leave for tokyo but we can tell you that this follows yesterday's incident also involving a japan airlines 787, that was a belly, the fire in the belly of the plane, i should say. investigators now think that's tied to an auxiliary power unit, a battery pack and there have been other emergency landings and problems with electrical systems over the la
will keep the high prices. >> still ahead on the kron 4 morning news more problems for boeing this morning and federal investigators are taking action. >> and waking up to cold weather in the bay area this morning! before check of your forecast, coming up in just a >> and welcome back to the kron 4 morning news. new this morning more problems for boeing 787 streamliner. the jets suffered a cracked cockpit window and an oil leak on separate flight in japan on friday. both of all nippon airways' jets. >> earlier this week a battery fire caused damage to and in the 787 operated by japan air lines. while on the ground in boston. then another j f l 787 spilled fuel on the taxiway also at boston. after a computer glitch on the plane caused a valve to open. the dream liner, the world's first carbon composite airliner, will have a list price of 207 million. >> u.s. transportation officials will hold a press conference in washington at 6:30 a.m. hour time to discuss issues related to recent electrical problems on the new plane. u.s. regulators of raise questions about the plane's reliability of alo
on the market today is blowing. shares are selling off by about 2.5%. lots of issues for boeing this week. today we heard of cracked glass as well as another oil leak. they are looking into the issue. they will launch an investigation. you know, they would fly on the plane and you would think they would fly higher on that. back to you. dagen: thank you. it was secretary of transportation. he said he would have no reservations boarding a plane and taking a flight right now. it does speak to these officials trying to reiterate the safety of these planes. connell: another thing we are keeping a very close eye on is the videogame industry. dagen: monica crowley is a syndicated radio host, fox news contributor, what you have to say? there is room for compromise between republicans and democrats. >> the new town massacre was so particularly horrific. i think when they are talking about a national database, i think you will get a lot of pushback from conservatives on that issue. if you want to go purchase a gun, your name will be entered into a national database. we will have to see what comes out of t
of boeing's newest airplane. transportation secretary ray lahood will join the faa today as they address safety concerns about boeing's new 787. just this week, two dreamliners have run into safety issues at boston, logan airport. on monday an electrical fire broke out on one and a day later, a fuel reek grounded another one. coming up on 5:06 right now. still ahead, a large fire takes over a new york city high-rise. why firefighters say one man actually tried to turn away emergency crews. >>> crowded hospitals, countless sick calls. coming up, how fighting the flu may now be that much harder around our region. >>> plus, a cloudy start to this friday. tom tracking the rain ahead. plus that big warmup. your weather and traffic on the oh! progress-oh! -oh! -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollywood. go to facebook.com/progresso to enter. >>> welcome back at
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